According to multiple news reports, Clay Bennett has agreed to sell the WNBA franchise Seattle Storm to a local ownership group, keeping the team in Seattle whatever the final destination of the Sonics. The sale price has not yet been disclosed, but I’d previously heard rumors of a $12 million offer.
It’s a pretty smart business decision for Bennett, not simply because the Storm would have been a guaranteed money-loser in Oklahoma City, but because the sale undoubtedly mutes local opposition to the Sonics’ proposed move. What with the Sonics playing like a bunch of girls these days, why not just stick with the real thing, huh?